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Bursary

usgb/ˈbɜːrsəri/Volume
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Need-Based Aid

A bursary is often need-based, meaning it's given due to the student's financial situation.

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He was granted a bursary after proving his financial struggles.
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Education Specific

A bursary is specific to educational support and can cover tuition, books, or living expenses.

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Her bursary covered not just tuition, but also her textbooks.
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Not a Loan

Unlike a loan, a bursary doesn't need to be repaid; it's a form of financial gift.

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The best part about a bursary is you won't have to pay it back after graduation.
Visual representation of the word "Bursary"

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